Indian highway project with Chinese input

The National Highway Authority of India has signed a package deal with Ramky Infrastructure and Chinese firm Jiangshu Provincial Transportation Engineering Group for a major highway project.
February 29, 2012 Read time: 1 min
The National Highways Authority India has signed a package deal with 1236 RAMKY Infrastructure and Chinese firm Jiangshu Provincial Transportation Engineering Group for a major highway project. The work involves upgrading a highway connecting Srinagar to Baniha to four lanes, with two in either direction. The US$248.5 million project is of particular note due to the presence of the Chinese firm.

Ramky Infrastructure holds a 74% stake in the joint venture while Jiangshu Provincial Transportation Engineering Group holds 26%. They will conduct the project on design-build-finance-operate-transfer (DBFOT) and construction is expected to take three years, which is included in the 20-year concession timespan. Ramky Infrastructure secured the project in September 2010.

For more information on companies in this article

Related Content

  • IRF cooperation agreement with Columbia
    February 9, 2012
    IRF Washington announces strategic cooperation agreement with the Colombian Chamber of Infrastructure The IRF Washington Program Center (IRF WPC) and the Colombian Chamber of Infrastructure (CCI) have announced their intent to sign a Memorandum of Understanding (MOU) to cooperate on technology transfer, training and dissemination of best-practices in Colombia
    Read More
  • Multi-billion dollar Vietnam transport projects to be supported by ODA of Japan
    December 16, 2013
    A total of 29 transport projects costing a combined US$7.42 billion, including the Phan Thiet-Nha Trang road, will be carried out in Vietnam from 2013 until 2016, according to the country’s Ministry of Transport. Of the 29 projects, 18 projects worth $2.34 billion collectively were due to be commissioned by the end of 2013. The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013. The Quang Ngai-Danang and D
    Read More
  • Major bridge rebuild project in India
    June 27, 2016
    A major rebuilding project is now planned for a key link in India. The work will be carried out on the Mahatma Gandhi Setu Bridge, which spans the famous River Ganges. Measuring nearly 5.6km, this is the longest river crossing in India and had its official inauguration in 1982. The bridge links Patna in the south to Hajipur in the north of Bihar and features a 7.5m wide deck while lying on 45 supports in all. The repair work is expected to cost close to US$260 million and was approved by India’s Cabinet
    Read More
  • Building Egypt's world class Desert Highway
    May 3, 2012
    A huge highway upgrade project will transform the Cairo-Alexandria road link into a world-class connection as Mike Woof reports. The work to upgrade the Desert Highway connecting Egypt's sprawling capital Cairo with its major port Alexandria, is one of the country's largest infrastructure projects for many years. This 220km highway link is being widened and improved to cope with the hugely increased traffic volumes resulting partly from Egypt's fast growing vehicle population. The Egyptian economy is strong
    Read More

Highlighted Content